Market Report U.S.

The U.S. hotel industry posted positive results in the three key performance measurements during the week of 6-12 April 2014, according to data from STR.

In year-over-year measurements, the industry’s occupancy increased 7.1 percent to 68.5 percent. Average daily rate rose 5.3 percent to finish the week at US$116.85. Revenue per available room for the week was up 12.8 percent to finish at US$80.09.

Among the Top 25 Markets, San Diego, California, rose 19.0 percent in occupancy to 81.4 percent, reporting the largest growth in that metric. Seattle, Washington, followed with a 16.3-percent increase to 72.1 percent. Minneapolis/St. Paul, Minnesota-Wisconsin (-4.7 percent to 67.8 percent) and Oahu Island, Hawaii (-3.1 percent to 75.6 percent) posted the only occupancy decreases for the week.

Nashville, Tennessee, achieved the largest ADR increase, rising 19.1 percent to US$124.17, followed by Dallas, Texas (+14.6 percent to US$108.50) and Miami/Hialeah, Florida (+14.2 percent to US$209.66). Atlanta, Georgia, fell 6.6 percent in ADR to US$96.37, posting the largest decrease in that metric.